Economy

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Poor Yellowtard “activists”. They reckon they’d “protest” the visit of Chinese President Xi Jinping this week. Twitter users among them are even changing their profile avatars to images of Winnie the Pooh as an act of solidarity with their comrades in virtue signalling. Thing is, the Chinese invasion of the Philippines has long been a…

Read More Xi Jinping is not coming to takeover the Philippines. He’s coming to inspect the results of a COMPLETED takeover. #XiJinPoohPH

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As usual aspiring PhD in “economics” JC Punongbayan issues a biased assessment of what is driving a downturn in Philippine stock indices of late. In his recent Rappler piece Why is the PH stock market among world’s worst? (prefixed by the word “analysis” in all caps just to make sure readers recognise it as such),…

Read More Poor performance of Philippine stock market unfairly blamed on Duterte govt by “economist” @JCPunongbayan

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The enemy of high prices is surplus supply and weak demand. Consumers have power over the latter. Stop buying useless trinkets and demand drops, inventories soar, and prices collapse. It is therefore easy and painless to bring traders and retailers to their knees and force them to update the outrageous price tags on their goods…

Read More If Filipinos want to fight inflation, they should BOYCOTT Christmas

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The reason Filipinos are poor is because they spend an inordinate amount of time and headspace praying rather than focus on the business of making money. An example is the crowds we see today queueing up for the privilege of catching a glimpse of the most recent Catholic hood ornament. One wonders how “hard” Filipinos…

Read More Filipinos should stop praying and start making money

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Famous Filipino singer Lea Salonga recently issued a sensible take on the anger Filipinos supposedly feel about high inflation rates being reported nowadays. This opinion was cited in an Inquirer report… “You gotta wonder, we’re angry about this, we have to see if it’s happened in previous administrations before and if we got angry then,…

Read More Yellowtards like @MrFrankBaraan are not qualified to make comments about inflation. Or ANYTHING about economics.